tolo507

Scaling Into Position

Plot Orders for scaling Into a Position
Release Notes: Scaling into position plotting orders
Release Notes: Scaling into position building
Release Notes: Scaling into position building plot horizontal lines
Release Notes: Scaling into position
Release Notes: Updated horizontal line placement
Release Notes: Added profit target line
Release Notes: Added plot titles and modified input description
Release Notes: Added 4 EMAs
Release Notes: Updated labels and EMAs
Release Notes: Added SMA and modified labels
Release Notes: Updated line format for SMA
Release Notes: Added profit label
Release Notes: Added average position line, updated labels and line display, added Bollinger Bands
Release Notes: Modified input labels and background fill calculation
Release Notes: Added Short option to build a position and scale in for shorting
Added extra manual drawn lines for take profit and entry points
Release Notes: Modified layout and super slow moving average color
Release Notes: Added manual price line entries. Removed profit % line and labels.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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